Climatic Change as a Driver of Economic Development: an Example from Angara–Yenisey Siberia

Abstract

Abstract Climate change and its impact on economic development is an important, but still understudied issue. This paper is aimed to fill in this gap in relation to the Angara–Yenisey macroeconomic region. It contributes to the literature in several dimensions. First, an overview of research on the climate impact on various sectors of the Russian economy is given. Second, we showed the main trends and factors in the dynamics of economic development in Russia over the past 20 years. And at last, the comparison of the average annual temperature and the gross regional product growth rates was conducted for the four regions of the Angara–Yenisey Siberia. It was concluded that there is no sufficient evidence that regional economies are significantly dependent on temperature fluctuations. Nevertheless, there is still space for further research.

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